I have a 12 unit apartment building in Western wa. built in 1960 it is an amazingly well performing asset.

Paper assets also are not very tax efficient .

"walls-in").If the HOA owns the roof, you would expense the special assessment as the roof is an asset on their books and not your books.Your balance sheet should be only "walls-in". 

This may entail investing actively and passively, investing in multiple states, and/or investing in various types of RE assets. 

Hello All,We just got an REO under contract in a tough market which the asset manager was not willing to go below list, but after having it inspected it needs some costly repairs that we were not anticipating. 

Hello All, I was wondering if anyone knew how to get in touch with asset managers here in Central New Jersey to be able to go directly to them instead of the real estate agent.

Is this considered an asset or a liability based on the rich dad poor dad definition?

Now this is a smaller loan ($7MM) on a stabilized asset with a low LTV so the lender risk is very low. 

If you can reposition the asset (repair, raise rent), you might get closer to that goal. 

At least 50 percent of the assets of the business, valued at cost, must be invested in real estate which is managed or developed and with respect to which such entity has the right to substantially participate directly in the management or development activities.b.